Project Description

Location
Barrow in Furness is a busy town and sea port in the county of Cumbria, close to the Lake District National Park and bordered by Morecombe Bay. Lancaster is approximately 50 miles to the south. Barrow in Furness is accessed from the south via the M6 motorway and in turn the A590.

The subject property is situated towards the eastern end of Steamer Street, close to the junction with Schooner Street.

Description
The subject property is a one bedroom apartment on the second floor of this residential block and benefits from one double bedroom, a separate kitchen, living room and bathroom.

We have been advised that the property was fully refurbished within the last 3 years and has gas central heating.
Please note an inspection of the property has not been undertaken.

Services
We understand the property has mains gas, electricity, water and drainage.

Rental Income
We understand the apartment is let for £75 per week (£3,900 per annum), reflecting a gross yield of 15.6%.

Tenure
Long leasehold – 99 years from 1 October 2011

Council Tax
The property is rated in Council Tax Band A. Council Tax payable (2016/17) is approximately £1,110.30.

VAT
No VAT will be payable on the purchase price of the property.

Viewing by Appointment

To view this property, please contact John Pye Property – property@johnpye.co.uk – 0115 970 6060

Please click the following link to access the legal pack documents – http://www.johnpye.auctiondocs.com/

Address

7d Steamer Street
Barrow in Furness
Cumbria
LA14 2SH

Features

✓ Second floor apartment
✓ Currently Let
✓ Rent achieving £75 per week
✓ Annual rent £3,900
✓ Gas central heating
✓ Refurbished in last three years
✓ One bedroom
✓ Kitchen and bathroom
✓ Separate living room
✓ Close to local amenities
✓ Good transport links
✓ Strong rental area

Contact

Chris Roper
Phone: 0115 970 6060
Email: property@johnpye.co.uk
Our Ref: PR239

TPO_generic logo

NLAlogoSupplierblue